National Oilwell Varco Completes Acquisition of CE Franklin
National Oilwell Varco, Inc. and CE Franklin Ltd. announced today that NOV Distribution Services ULC, a wholly-owned subsidiary of NOV, has completed its previously-announced acquisition of CE Franklinpursuant to a plan of arrangement. The arrangement resulted in NDS acquiring all of the issued and outstanding common shares of CE Franklin for cash consideration of CAD$12.75 per …
Schlumberger Completes Sale of Wilson International to National Oilwell Varco
Schlumberger Limited announced today that it has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc. Additionally, Schlumberger has committed to divest the remaining portion of its distribution business by agreeing to support NOV’s previously announced proposed acquisition of all outstanding shares of CE Franklin Ltd. …
National Oilwell Varco to Acquire CE Franklin for CAD$12.75 Per Common Share
CE Franklin Ltd. announced today that it has entered into an arrangement agreement with a wholly owned National Oilwell Varco, Inc. subsidiary, NOV Distribution Services ULC, pursuant to which, NDS has agreed to acquire all of the issued and outstanding common shares of CE Franklin for consideration of CAD$12.75 in cash per Common Share. The transaction will be …